Plaza Retail REIT (TSE:PLZ.UN) Sets New 12-Month High – Here’s What Happened

Posted by Jessica Moore on Aug 14th, 2026

Plaza Retail REIT (TSE:PLZ.UN – Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as C$5.37 and last traded at C$5.35, with a volume of 9354 shares. The stock had previously closed at C$5.30.

Analyst Upgrades and Downgrades

Separately, Desjardins downgraded Plaza Retail REIT from a “buy” rating to a “hold” rating and raised their price target for the company from C$5.00 to C$5.50 in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Plaza Retail REIT has an average rating of “Hold” and an average price target of C$5.12.

View Our Latest Stock Report on PLZ.UN

Plaza Retail REIT Stock Performance

The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06. The stock’s 50-day moving average price is C$4.97 and its 200-day moving average price is C$4.57. The company has a market cap of C$588.77 million, a P/E ratio of 9.40 and a beta of 0.75.

Plaza Retail REIT (TSE:PLZ.UN – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported C$0.15 EPS for the quarter. The business had revenue of C$32.19 million for the quarter. Plaza Retail REIT had a net margin of 9.40% and a return on equity of 2.07%.

Plaza Retail REIT Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 17th will be paid a $0.0233 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Friday, July 31st. Plaza Retail REIT’s payout ratio is 49.38%.

Plaza Retail REIT Company Profile

(Get Free Report)

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio at June 30, 2026 includes interests in 189 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza’s portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants with a focus on the essential needs, value and convenience market segments.